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Spray-foam insulation makes homes unable to be mortgaged

theguardian.com

41–50 of 133 posts

Re: Spray-foam insulation makes homes unable to be mortgaged

#41
post #25

Earlier quoted context omitted.

I was initially confused when I read it, but I think that ‘trader’ here must be the politically-correct word for ‘tradesman’ (someone engaged in a trade) rather than someone who trades (like a stockbroker).

Is this incorrect? Can a down-voter comment? I might learn something.

It is correct in so far as Trader == tradesmen. But it isn't some "politically correct" thing. Also attributing political correctness to terms is often a political move in and of themselves.

Re: Spray-foam insulation makes homes unable to be mortgaged

#42
post #25
post #19

> At the root of the problem are cowboy traders who apply the foam without a full survey or appropriate expertise.

I was initially confused when I read it, but I think that ‘trader’ here must be the politically-correct word for ‘tradesman’ (someone engaged in a trade) rather than someone who trades (like a stockbroker).

You're correct, "cowboy traders" is a British idiom for tradesmen without the appropriate skills, qualifications or experience to fulfil their contract responsibility.

It can also refer to those who will take on contracts (plumbing / landscaping / roofing / building work / etc) without any intention of fulfilling them, or charge exorbitant, inappropriate and unagreed prices.

It's in such common British use that a TV show named "Cowboy Traders" was aired in 2012.

https://www.imdb.com/title/tt3364380/

Re: Spray-foam insulation makes homes unable to be mortgaged

#43
post #25
post #19

> At the root of the problem are cowboy traders who apply the foam without a full survey or appropriate expertise.

I was initially confused when I read it, but I think that ‘trader’ here must be the politically-correct word for ‘tradesman’ (someone engaged in a trade) rather than someone who trades (like a stockbroker).

In the UK all people who do these kinds of jobs(builder, plumbers, electricians etc) are called traders, I've never heard anyone use the word "tradesman".

Re: Spray-foam insulation makes homes unable to be mortgaged

#44
post #2

Can someone explain the mechanism how the foam can damage the building? I didn’t quite get it from the article.

I believe the actual issue the article implied was it prevents inspection of the roof lumber in addition to moisture trapping. Since a mortgage company can’t see the lumber and framing they won’t mortgage it. Thus you can’t sell the home to someone mortgaging it.

Re: Spray-foam insulation makes homes unable to be mortgaged

#45
That's a bit of a don't shoot the messenger imo. If the construction of a house may be compromised and cannot be verified, it is prudent to not mortgages the house. Don't blame the lenders for that, blame the vendors.

I can sympathize with these people, they are not really to blame imo. Shoddy work needs to be claimed with those that did the work and choose the materials.

Re: Spray-foam insulation makes homes unable to be mortgaged

#48
Spray foam sounds good at first but it's almost always complete trash. Nasty chemicals, 0 ventilation, poor humidity management, pain in the ass to remove. It's one of these things poor people get because it's cheap upfront but in the end it'll cost you twice as much as a proper insulation system

It's easy to apply and looks cool so that's good for instagram builders/remodelers, plus they'll probably be out of business before you notice the damage.

https://vtdigger.org/2023/05/22/i-wanted-to-cry-devastating-...

Re: Spray-foam insulation makes homes unable to be mortgaged

#49
post #39

What makes it unsellable or unmoragable? I don't know how that works on the UK, but here if there is a defect in a house that requires 3300€ to fix, the house value is just estimated 3300€ less than the price without the defect (or worse case scenario, you account for the value of redoing the roof if there is a risk it's needed)

7th paragraph explains it.

Re: Spray-foam insulation makes homes unable to be mortgaged

#50
post #25

Earlier quoted context omitted.

I was initially confused when I read it, but I think that ‘trader’ here must be the politically-correct word for ‘tradesman’ (someone engaged in a trade) rather than someone who trades (like a stockbroker).

In the UK all people who do these kinds of jobs(builder, plumbers, electricians etc) are called traders, I've never heard anyone use the word "tradesman".

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